On The Pulse: Ceridian-UCLA Pulse of Commerce Index March 2012

The latest release of the Ceridian-UCLA Pulse of Commerce Index™ (PCI) suggests that economic activity improved in March with the seasonally adjusted index climbing 0.34% from February but falling 2.17% below the level seen in March 2011.

The three month moving average of the PCI increased slightly from October indicating that the March Industrial Production data will likely show a similar trend.